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CNBC
Oct 9, 2012 7:00pm EDT
with this story that is happening right now. the government has continued it's vendetta against big banks. the government accuses the mortgage lender of reckless trifecta issuing at least 100,000 affected loans. this story comes as the cnbc.com story makes headlines. the question is why is the government and the taxpayor still in the housing business? let's go to our guest. diana, good evening. >> well look, confidence in housing is coming back. especially in home prices. some say they think home prices will fall further. optimism has been rising for 11 straight months. you don't have to look farther than record low mortgage rates. some claim it is a government subsidy. there are short sales. it is fast becoming the exit of choice for banks and sellers. they are now moving faster thanks to government mandated streamlining and incentives. hofa has so far paid out $333 million for short sales part of the $10 billion that was set aside for the loan modification program. also pushing short sales so far under that program the banks have forgiven $8.67 billion in mortgage debt. that is tax free
FOX Business
Oct 6, 2012 3:00am EDT
their business climb. maybe it is not a calamity it could force the government to scale back. getting paid to study fish? getting paid to study fish? it is true. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. charles: it is have time. you get a full throttle by the banks. you build the amount they give you higher fees the little ones did not take a dime. service charge, atm comes from the big banks they collected 31 point* $5 billion of overdraft fees last year. up from 700 million. you do not have to take a bailout. my next guest bank is thriving. gold coast ceo and cardinal ceo. joe, it is amazing how the banks that did not take any money are not threatening the u.s. economy, not killing us with these to the most business with regular people. >> absolutely. we have lent over $10 million and a last couple of months or 50 million over the year. we concentrate exclusively on small business. large bank
SFGTV2
Oct 5, 2012 6:00pm PDT
agency of state government to cut specific regulations and red tape. we thought fracking was such a big deal. we have a huge amount of natural gas. horizontal drilling and fracking, natural gas has great potential benefits. much cleaner than coal. it is $1.75 per gallon equivalent to less-expensive. it keeps jobs here and does not send billions of dollars to a dictatorship. there is fear about what happens and we sat down with halliburton and the oil and gas services companies. we understand they have trade secrets. we showed what the ingredients are and it took a six months but we got the environmental defense fund to claim victory and have halliburton claim victory. here is a transparency, set of regulations that will protect the public and settle down all the hysteria and kirk -- furor about fracking. i did it when i was a kid diyala this. how do we get past that fear and uncertainty and create some sort of predictability to business needs? that became a symbol for our issues. to find the appropriate compromise so we can get on to the next problem. >> would you like to bring us up-to
CSPAN
Oct 10, 2012 12:00pm EDT
enduring presence will be, and we're working on that right now both internal to our government, but also with our nato allies. so we're trying to determine based on the agreements made in lisbon and then reinforced in chicago about what this long-term commitment will be, and it's scoped against several missions, one of which is counterterror, another of which is continuing to train and advise at some level. another is to enable other agencies of government to do their job in afghanistan. and so as we determine how to, what we'll need to accomplish those missions based on the growth of the afghan security forces, sometime early in 2013 we'll come up with a number that will define our enduring presence. and then we'll take what we have there now, which is 68,000 u.s. and about 30, 34,000 coalition partners, and we'll establish a glide slope to get from where we are to where we're going to be. and the important point is that in that question is i want to reinforce that our objectives remain both sound and achievable. as for the insider threat, as i mentioned in my prepared remarks, the insi
CSPAN
Oct 9, 2012 12:00pm EDT
hollywood, big government, big journalism, and big peace, p, e, a, c, e. he became a big player what is come to be called the new media including work as editor on "the drudge report" website and yes the "huffington post". bull buckley didn't dwell in the past but he believed we should and could learn from it. he was fascinated by the rise of the new media and encouraged conservatives to become involved in it as he had in the old media. he didn't live to see it come to full fruition and andrew left us too soon for him to become a greater influence than he already has. a tribute to him that his web sites and work endure. it is my pleasure as the winner of last year's william f. buckley, jr., award to present this year's award posthumously to andrew breitbart. may he rest in peace. [applause] may he rest in peace and may his legacy live on. accepting the award is oars son dean, susie's father and with him is alley mills dean. ♪ . >> thank you. thank you very much. thank you. thank you. you may remember me. i formally went on the screen, under the name of irene dunne. at my age i have some fr
CSPAN
Oct 9, 2012 9:00am EDT
this can happen if the make of government on november 7 is the same as it is today? >> no. i think will happen for another reason. i think first of all when people figure out there's a big chunk of change, and second of all when you have the debate between the people trying to protect entitlement, and the people trying to kill energy, who are you betting on? >> in california they're saying just allow the winter fuel blend is not early is going to save, make as much as 50 cents a gallon, they've been paying over $5 a gallon in california, and california has created -- [inaudible] >> california is america if we don't change. that's a scary thought. you can see the future, just look to california. it should scare everybody in america. no one would want to go the. part of the answer of california is to stop trying to be the federal government. they can save a lot of money if they pull back from the own agencies and own regulations. but i do think we have this opportunity, to tom's point on this leg of the school got it all fits on a growth like if you will. because i think that we woul
FOX Business
Oct 5, 2012 8:00pm EDT
the government to scale back. getting paid to study fish? it is true. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur overmanyiscounts to thine customs! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my la
FOX Business
Oct 7, 2012 6:00pm EDT
the government to scale back. getting paid to study fish? getting paid to study fish? it is true. [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. charles: it is have time. you get a full throttle by the banks. you build the amount they give you higher fees the little ones did not take a dime. service charge, atm comes from the big banks they collected 31 point* $5 billion of overdraft fees last year. up from 700 million. you do not have to take a bailout. my next guest bank is thriving. gold co
CSPAN
Oct 10, 2012 8:00pm EDT
ahead and respond first and then answer the question, what is the worst thing the federal government can do? boswell: tom talks a lot about it and certainty but a lot happens to create that uncertainty and we need to stop those things and get something done. we need and farm bill and energy credit. yes i think we ought to be clear. gives supported the lose tax breaks and i did not because you know, it seems to me like we have been involved in these long, long wars going on and i can imagine what the soldiers feel like. i know what i would feel like coming back from vietnam. now we have to pay for it. that would not be a very good thing and i think that's very bad. >> moderator: how do you respond to that? latham: in the house of representatives we have passed an extension of the current tax loss and i think it's interesting commerce and boswell says that he opposed the bush taxes and he just voted for a budget that extended the bush tax cuts. but, excuse me, please. boswell: the tax is obviously, we need to extend those. you know we have this sequestration which causes rescission and spe
CSPAN
Oct 9, 2012 7:00am EDT
working for our government needs to have protection, and that is an abject failure and that should be a big thing in this election. a chocolates look at mitt romney's comments yesterday in virginia -- host: let's look at mitt romney put the comments just in virginia. [video clip] >> the attacks on america should not be seen as random act. they are a larger struggle that is played out over the middle east, a region that is in the midst of the most profound upheaval in a century. the fault lines of this struggle can be seen in benghazi. the attack on our consulate on september 11, 2012, was likely the work of forces affiliated with those that affect our homeland on september 11, 2001. the latest result can not be blamed on a reprehensible video, despite the administration's attempts to convince us of that. the administration has finally conceded these attacks were the deliver work of terrorists they use violence to impose their ideology on others and who seek to wage perpetual war on the west. guest: it is interesting. on the one hand, mitt romney was criticized for his initial respo
FOX Business
Oct 5, 2012 11:00pm EDT
the government to scale back. getting paid to study fish? it is true. follow the wings. hahahaha! hooohooo, hahaha! this is awesome! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. charles: it is have time. you get a full throttle by the banks. you build the amount they give you higher fees the little ones did not take a dime. service charge, atm comes from the big banks they collected 31 point* $5 billion of overdraft fees last year. up from 700 million. you do not have to take a bailout. my next guest bank is thriving. gold coast ceo and cardinal ceo. joe, it is amazing how the banks that did not take any money are not threatening the u.s. economy, not killing us with these to the most business with regular people. >> absolutely. we have lent over $10 million and a last couple of months or 50 milli
CSPAN
Oct 10, 2012 9:00am EDT
, to demolish or damage government aid programs. many of them designed to help children and the poor. >> the bombing in oakland the city has focused renewed attention on the rhetoric that's been coming from the right and those who cater to angry white men. although no one is suggesting right wing greater jocks approve of violence, the extent to which the approach fosters violence is being questioned by many observers. >> i don't think i think jesse jones defenders here. >> not me. i think you have to be worried about that's what's going on in the good lord's mind, because if there's retributive justice, he will get aids from a transfusion or one of his grandchildren will get it. >> it finally dawned on me that the person can start has reminded me of facially all this time was heinrich himmler, including his glasses. >> this advice, mr. bush, shut the hell up, good night and good luck. >> they have waved signs liking president obama to hitler and the devil can raise questions about whether he was really born in this country, falsely accuse him of planning to set up dead panels -- deat
CSPAN
Oct 12, 2012 2:00pm EDT
to the cyber threat requires the right policies and organizations across the federal government. for the past year, the department of defense has been working closely with other agencies to understand where are the lines of responsibility when it comes to cyber defense? where do we draw those lines? how do those responsibilities get executed? as part of that effort, the department is now finalizing the most comprehensive change to our rules of engagement in cyberspace in seven years. the new rules will make clear that the department has a responsibility not only to be thin d.o.d.'s networks -- to networks, but to defend the nation and our natural -- national interests in cyberspace. these new rules makes the department more agile and provides us with the ability to confront major threats quickly. to execute these responsibilities, we must have strong organizational structures in place. three years ago, the department took a major step forward by establishing the united states cyber command. under the leadership of a four start officer who also served as the director of the national security a
CSPAN
Oct 12, 2012 9:00am EDT
to go up again. our information services and the government. gentlemen, we are out of time. we appreciate your time on the "washington journal." house of representatives is coming into session. a pro forma session. there will be no real business done today. thank you for being with us. enjoy your weekend. book tv begins on c-span 2 at 8:00 a.m. the chair lays before the house a communication from the speaker. the clerk: the speaker's rooms, washington, d.c. october 12, 2012. i hereby appoint the honorable scott desjarlais to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. sage: the prayer will be offered by the guest chap lip, dr. david r-l r. roberry institute of the religion of the church of jesus christ of latter-day saints, washington, d.c. the chaplain: let us pray. dear father in heaven, humbly we bow before thee, recognizing our dependence upon thee and seeking thy guidance in the proceedings of this, the people's house. father, we express profound gratitude that thou has established our constitution by the hands
MSNBC
Oct 11, 2012 12:00pm PDT
is to use the phrase that mitt romney use the in the debate last week, trickle down government. they're trying to discredit something they called trickle down government. it's up to joe biden tonight to begin to rebuild and to remind people that government is a cooperative exercise. people voted for social security, they voted for medicare, they voted for the people who built the modern state that we have. that's a big technical order and i think biden will be up to it. ryan has a much easier task in many ways. he can stand there and point to every negative economic statistic that's still out there, and there are plenty of them, and just repeat them over and over and over again. he's got a much easier strategic menu than joe biden does. biden's got to do a million things at once which is, frankly, not very easy. >> howard once back in the '80s robert downey jr. was on "saturday night live" doing a sketch playing a movie critic, i'll never forget, i saw this movie, it changed my life. i saw it again and it changed it back. if this race is kind of like that to where the whole movie, th
CSPAN
Oct 11, 2012 6:00am EDT
. the government is going to spend 50% of the money. that will not go down. asia is a slower but it is nothing mystical or different than your read about. united states is fundamentally a stronger than people think, in my opinion. in latin america, some are better and some are slower. >> asia use same syncline about. -- you seem sanguine. >> this in my opinion, but i. they will meet their objective of 7%-8% higher. they are doing this to avoid social unrest and change the infrastructure. it change will be coming and it will be smoothed and continue to form the policies of the government. they have $3 trillion in reserve and a lot of capabilities to maintain growth. they did that that month, literally. they knew what they want to accomplish. i do not think i can do that 10 years from now. they're not building a lot of bridges to nowhere. i think it will work in the immediate term. >> there's a lot of talk about africa. in latin america, we have seen signs of pretty robust growth. >> we're opening grove -- stores and we are in there on the ground. we go there for the multinational clients. where
CSPAN
Oct 10, 2012 11:00pm EDT
. europe is a mild recession. you could argue not worse, but the government has spent 50% of the money. in asia is slower but nothing mystical or different than the newspapers. the united states is fundamentally stronger than people think much of the reasons for that a little bit later. in latin america, you know, some groups are slower, but obviously a slowdown quite a bit. >> in a show you seem sanguine about peer what about india slowing, china slowing, china slowing, china slowing and they're going they're going to need to check its good remember is to be a lot higher. they need the 7% or 8% to avoid the social unrest and to build the infrastructure. i think they're going to need that. they're going to change the leadership to be smooth and will continue former policies of the government, but they have the wherewithal. so they've got $3 trillion in reserves and capability to maintain. they move very quickly. so the stimulus package after the crisis they think was like seven months after the crisis, they did in fact, literally. so they know what they want to accomplish. i don't beli
FOX News
Oct 7, 2012 9:00am PDT
of this week, the tax cliff that comes off the spending, the taxes and the more government bureaucracy is exactly what the democrats are selling. this has caused a hiewmg impact on employment, we have a lack of jobs and the future that lies ahead is very bleak, economically. republicans offer a sound plan, not just to cut taxes but to get us back to work and our candidates differ with every single democrat on this issue, i think we will do just fine. >> shannon: we mentioned the key states where you are watching, ohio, california, massachusetts, can you give us insight maybe into the seats that are leaning one way or the other and you are dwoaing a lot of resources to make sure it falls into your column? >> did you mention, a race in massachusetts. one of the top republican challengers that we have against john teenager neboston. richard is doing a fabulous job. he has ethically challenged the american people, not only want and need honest members of congress, but i think we will win that seat. as you look across the country, republicans are on offense, all across the country, against
CSPAN
Oct 5, 2012 11:00pm EDT
. the protection against government sponsorship and promotion of religion, which is a vital component of religious liberty. i will just say a few words about where we are today and where we used to be. they are important right next to each other. as for the separation of church and state, the protection against government sponsorship of religion there was little and today it is far more robust, but absent flows and a lot of that depends on the current competition and chemistry of the supreme court and the rest of the federal court in state courts as well. but a while back there was virtually none. i think there is a great deal more of that protection today. it is very much in jeopardy. on the free exercise side, it is never been particularly robust in this country, unfortunately. and i think it is very fortunate. today it is a mixed bag. in 1990, the supreme court severely limited the constitutional protection for free exercise in the way that i think probably all of us at this table think was wrong. and since then, there have been legislative efforts to correct the problem. what the court said ba
FOX News
Oct 9, 2012 6:00am PDT
, of course he wants to hire more government workers. look, all of these things have not ignited our economy the way it should be ignited. we've seen the slowest recovery from a recession. bill: john roberts traveling with the campaign. live in vanmeter, iowa, that is west of des moines. what is happening there, john? >> reporter: good morning. governor romney will be talking agriculture today. not surprisingly we're on a 700 acre farm owned by the cook family. a lot of soybeans and corn here. we're in madison county. governor romney won this in the caucuses by the way. he will argue the president's policies things like estate taxes, climate change, environmental regulations, energy policy are hurting farmers. he continues to go after the president on issue of jobs of the even though the unemployment number is down below the psych lodge call level at 8% on the stump in newport news, governor romney found a new way to use it. >> if you look back 60 years, at all the months we had unemployment before 8% before president obama. there were 39 months. in all 60 years with unemployment above 8%. u
CNBC
Oct 12, 2012 6:00am EDT
're at right now. so what you're doing is a government telling you that there will be inflation, we're going to keep interest rates very low. what that does, it encourages corporations to invest. the corporation sitting there with $2 trillion on their balance sheets and what they have to do, they have to invest to create jobs. the government is saying you can leave it there and wait for a disaster, but if you do, it will go down in value 4% every year and, therefore, encourage people to lower the dollar. that makes products worth more. so we're trying to encourage people to build products and plants. >> we had lloyd blankfein and simpson and bowles talking about the fiscal cliff. this is what lloyd blankfein had to say. >> i'd be a buyer of the market. goldman sachs would -- we not only value company, we're a company ourselves. we would be assuming that our business would grow, that companies would be making more acquisitions, more investments, more gfinancings. and we would have to make sure that we could provide those advice and those services. >> what do you make of that? >> i think goldm
FOX News
Oct 11, 2012 3:00am PDT
in the embassy for 20 years. this comes as yemen's government wages war against an al-qaida branch growing in strength. a tragic turn of events in the case was a colorado girl. they found a body in the park a few miles from where the park is. they are saying that it is the girl's body but the police are not confirming. >> at this time we are not making a connection to jessica ridgeway. the crime scene will be from now to tomorrow morning. >> gretchen: they believe she was kidnapped. we expect to learn more 8:30 a.m. eastern time. a worker rescued from a garage that landed on top of him. rescue crews pulled him out of the rubble at 1:00 k. and he is in critical condition. two other workers were killed and eight others were hurt. >> i had seen a lot of smoke and the building shaking and it started collapsing. >> gretchen: the garage under construction . one worker is still missing. lance armstrong not only used illegal steroids to win the tour de france. a stunning report said he juiced his teammates. 25 people testified against him including 11 teammates. his attorney said it is a hatchet j
PBS
Oct 5, 2012 7:00pm PDT
have is hiring that is concentrated, most recently, in the government sector. hiring that is concentrated, most recently in education and healthcare. a little bit of positive news coming from construction. but in a lot of the business services and goods-producing industries and manufacturing, things look pretty soft at this moment. >> reporter: in addition, 2,000 temporary jobs were cut, which is often looked at as a barameter of future employment. but, the average work week rose to 34-and a half hours... and employers typically boost the workload of existing staff.. before taking on new workers. with all these cross-currents, the employment situation may be but the bottom line seems to be that the economy is improving, but not nearly as quickly as most people would like. >> we lost so many jobs during the great recession, that we are slowly clawing our way out of that hole.. but still at a pretty slow pace." >> reporter: the government's next jobs report will come out just 4 days before the presidential election. by then, many voters will have made up their minds. so
FOX News
Oct 11, 2012 1:00pm PDT
to look at that. i started my career in the state government working in the employment security commission and i can tell you we have a job classification a dictionary of occupational titles, we can do this by work classification if we want to do work. >>neil: in other words just to be clear, just to be clear, congressman, you are saying that you cannot always do it by tax increases alone because it was even the democratic caucus that concluded that if you were to tax the rich at 100 percent just take all their money that would not keep medicare going beyond another five years so obviously >>guest: absolutely. there is a comprehensive way to do this and be fair and balanced. i like to use that term when i talk to you on fox. >>neil: i like that. >>neil: congressman, always a pleasure. thank you very much. we will explore this in greater detail on fox business network with senator mcconnell, and sarah palin, and former intel c.e.o. craig barrett, all coming up on fox business network. now back to fox news, the fallout from the conservatives that has not transpired in kentucky. why is that?
CNBC
Oct 11, 2012 12:00pm EDT
&t, chose to pull out of the talks because it was worried about government disapproval of any potential deal. they went their own way. scott, a lot of moving parts here. we'll see where it all ends up. of course, it still is talks that would aim at a roughly 70%-ish ownership by softbank in sprint. softbank been very successful in japan in terms of rolling out lte. back to you. >> thanks so much. david faber. a lot of movement today in those stocks. as well in the banks. they're in the green as investors wait for the first of this quarter's big earnings reports. jpmorgan and wells fargo will kick things off tomorrow morning before the bell. stephanie, you're long both names. what are you looking for? >> i'm a little nervous. jpmorgan up 25% from last quarter. expectations are pretty high. i think we'll get some final resolution to close the door on london london whale. how bad is nim? what's their plan for capital allocation. wells fargo, you're going to get more color on housing. that's important, obviously. that's one of the reasons why we're overweight the banks at this point. what's also
MSNBC
Oct 10, 2012 9:00am PDT
's not a question about electoral process. it's about role of government. >> fact checking departments all over this. you know "the new york times," washington post "the daily rundown." >> is that getting to the local media. >> that's not the fault of the media if the voters aren't hearing it. i mean the stuff is in there. "the new york times" is covering it. "the washington post" is covering it, "time" magazine had a cover story on what's up with facts these days in political races and a good story that had a lot of considering debunking of like what's happening. it's not that it's -- we aren't talking abo ing about it, why a voters reacting the way they should. >> we will talk about how voters are reacting to the latest romney high jinx, the ride on the romney carousel after the break. brought to you by the letter "r" while governor romney fires back at team obama over the latest attack ads featuring big bird jimmy fallon conjures memories of another show, mr. romney's neighborhood. >> hello, neighbor. you see this? it's called a wallet. inside of a wallet, that's where money goes. now, do you kno
CSPAN
Oct 8, 2012 7:00am EDT
difficult to govern, because redistricting is a part of this and the incentive among people in congress, whether it is a republican president or a democratic president, is to oppose virtually everything that the president of the opposite party wants to throudo. our system depends on cooperation and compromise. that's why many people across the political spectrum are very frustrated on how things are not working in washington. host: let's go to mark next. you could have a triangle between ohio, virginia, and florida, the three battleground states. mark is in florida. caller: thanks, steve. and thanks to your guests for all their work. seems whenever i call, you are hosting the show. at age 18 through age 30 i was in the u.s. marines and guarded the u.s. embassy and as a marine, which had its own demands. i did well at that. i am a unionized worker in the united states. i gave the non-unionized world a chance and got the beat out of me. i got my dignity back years ago by joining organized labor. my father was in the union. i moved south to florida from the midwest. i build an area called
CNBC
Oct 8, 2012 6:00am EDT
, a lot of government jobs added. but for some reason, i've always been told you need 200 to 250 to make a dent. 114 got a 300 basis point drop? it's crazy. and there's a reason -- you know what they're calling people that are saying this. they're calling help truthers. throwing them in with the birthers. >> i don't believe that there was conspiracy to make the jobs number -- >> i know that. and anyone that says that will be called a truther. so you don't say the government's lying. you can't say that. yet if you add in two months more government workers than at any it time since 1948 for the past two months, the government can do -- >> but that goes to his point the u-6 number is -- i don't know if it's more accurate. >> it's broader and takes in to account the part-time workers that don't want to be part-time. they want the full-time job. so it's a broader measure of giving us the breadth of the labor market and the health of it and that's why when i say the unchanged number, i sort of ignored the headline number and didn't think it was that big of a deal. >> normally we'd focus on the
CNBC
Oct 8, 2012 9:00am EDT
in power coming up in china. typically there is inaction on the part of the government in terms of huge programs where it be stimulus or not. many expect you may not get something substantive still march. there's also a great deal concern about the financial system. you hear it a lot. we all talk about the lack of validity of many of the statistic that is we still rely on. but within the financial system itself, where the debt really is, a number of metrics that are followed and thought to be worthy of following are not looking great. there's continued concerned. >> we're running smack into -- our companies have to tell the truth. but there's a huge cohort of companies in our company that don't need a whole lot of growth. so we're funneling into winners and leaving aside cyclicals as losers. >> world bank goes from 8.2 to 7.7. if you think 5 to 6 is the real number, should we be bracing for more -- >> yeah. look, these guys want to do everything incremental but the data's bad. i saw someone recommending gm today on strength of china sales. everyone wants to get ahead of the turn. but no
CNBC
Oct 9, 2012 6:00am EDT
government austerity cuts. pensioners clashed with riot police and burned an eu flag. german chancellor angela merkel is scheduled to arrive in athens at about 6:30 eastern time today for a six hour visit. police banned protests in most of central athens and 6,000 officers are trying to keep control. this is merkel's first stop will greece since the debt crisis kree resulted back in 2009. and carolyn roth will be joining us live. >>> and both president obama and mitt roy in will be in ohio today. voters in the swing state are getting their last chance to register for next month's election. the polls are now all over the map. pew has romney up four points, but gallup says the positive jobs report gave president obama a five point boost. among our guests, ken langone and donald trump. and focusing on issues of foreign policy and national security, we have senator john mccain. and by the way, if you went to sleep early last night, the texans beat the jets 23-17. this win brings the texans perfect record this season to 5-0. we will have more in squawk sports. first andrew has the morning's
MSNBC
Oct 11, 2012 7:30pm PDT
borrowing, higher taxes, a government takeover of health care. it's not working. it's failed to create the jobs we need. 23 million americans are struggling for work today. 15% of americans are in poverty. this is not what a real recovery looks like. you deserve better. mitt romney and i want to earn your support. we're offering real reforms for a real recovery for every american. mitt romney, his experience, his ideas, his solutions is uniquely qualified to get this job done. at a time when we have a jobs crisis in america, wouldn't it be nice to have a job creator in the white house? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that promotes opportunity and jobs? mitt romney and i will not duck the tough issues. and we will not blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding princip principles. the choice is clear. and the choice rests with you. and we ask you for your vote. thank you. >> and thank you, both, again. t
CNBC
Oct 8, 2012 12:00pm EDT
growth. nothing extra the government can do other than pay the bond issuer can do other than pay the agreed upon coupon and most bonds are in good shape credit wise. so stocks have earnings growth, which i suspect will be something like 5% over the next decade. some years away head of that, some years down, some years behind that. so that should be a 7% real return, fundamental return on stocks not counting any change in the market's evaluations, pe multiples and so on. so 7.5% likely will be better than 2.5%. that's where the odds come from. i would say 85%, maybe even higher that stocks will do better. >> where does the election factor into all this? we had some strategist on the streets who have raised their own targets based on the fact mr. romney could win the election, if that happens it would be more bullish for the stock market at least in their minds. does the election really matter? >> well, it matters greatly to the united states of america. the issue you're saying does the election north the stock market and in my lone experience the stock market usually gets it wrong
CNBC
Oct 11, 2012 1:00pm EDT
. >> at the risk of pissing you off, what would you say to them? >> tell them we have a leaderless government and he can lead. this gentleman can't govern. he's doing politics day and night. >> erskine bowles, same question to you. if had a chance to advise obama and biden on what you want to hear about the deficit and the fiscal cliff, what would you tell them to say? are you not hearing now? >> to lead. lead from the front. just take on this enormous problem we have with economic growth. the best way to take that on is to reform the tax code, broaden the base, simplify the code, wipe out these tax expenditures and use that money to reduce rates, to encourage growth, and also to bring down the deficit. that's really attacked these entitlement problems. slow the rate of health care. make social security sustainably solvent. we can't afford to spend more in the next 17 largest countries and then to take that money and some of it invest it and let's invest it in those things that america has to invest in to be competitive globally. >> i would say those same things to the candidate of my party.
CSPAN
Oct 8, 2012 10:00am EDT
after submit to the government. it's a highly transparent operation. it is in this house atmosphere under a scorching aware of the spotlight that leadership is on display at for everyone to see. it's like a leadership reality show. imagine coming to work to a place where everything boss says, every decision that you make, every action your organization takes is available for everyone to see, if you think about it this way, the campaign is pretty amazing. and so, i like to use the 2008 campaign as a canvas. i like to use it as a way to talk about some of the things -- it's like, using it as a laboratory, to understand why winners win and why losers lose. if you look at 2008, you have everything from how did you take this little known brand of barack obama and turn it into a campbell soup of politics, which is what you had with the clintons, they had a very long history and years of service. how do you manage through a crisis? what happens when that prices outside starts to shake the confidence inside? how do you get control of a narrative that is escaping? all those things are availa
FOX News
Oct 8, 2012 3:00am PDT
's government lacking ministers of defense. and they are responsible for the catching of four killers of four americans including ambassador chris stevens. >> debate turning into a verbal smack down in connecticut. >> linda has a plan on her website and as we recenttly learned it is lifted word for word from right wing republican sites. >> shame on you. you have just accused of pladgerizing my clients. it is beneath a congressman who is in congress or anybody running for the united states. you thought it was a coronation and now you are in a serious race with a serious woman and we resort to these kinds of policy. >> steve: the winner will replace joe leiberman. >> gretchen: a day of joy turns into a day of trag trag after a wedding reception becomes a brawl in philadelphia. watch this. guests from two different wedding reception began fighting in the bar. a 57 year old man dropped dead. he is believed to an uncle of one of the bride and she's seen running through the parking lott in her dress. >> ben afflect was driving in santa monica, california and side ciped the war and knocked off the m
FOX News
Oct 9, 2012 3:00am PDT
. but the political solution hasn't moved. karzai's government is corrupt and the taliban is gaining strength. it is not a pretty picture what of the world in afghanistan would look like in 2014. >> the surge ended too soon and he did not listen to the people on the ground and the generals spoke up he was told to be director of the cia. >> steve: next up. the naked constitution . what is it and what do our founding fathers have to do with it? >> brian: and an industry that leans left but kid rock doesn't care. >> i believe it is okay to disagree on politics and the direction of the country without hating one another. >> brian: hear what the guy with a great hat had to say yesterday. ♪ ur former self? c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, michael! [ male announcer ]
FOX News
Oct 10, 2012 3:00am PDT
book is here comes the black helicopters and un governance and loss of freedom. >> thank you. >> gretchen: the game changing situation of this debate is astounding? >> yes, the media is spinning as obama lost and i think mitt romney won. you think about it. american people never had a good look at mitt romney. the last republican debate was in january or february and many independent and democrats didn't watch the republican convention and many of the democrats and independents didn't tune in and romney that is characterized as a fearsome creature, they saw the real romney and what a reasonable nice guy he is and level head good ideas, i think the country liked him and that is a bond like the one reagan established. that is responsible for the flip. >> gretchen: carter versus reagan? >> that is a key example. carter was winning all in september and all of october. an october 27th, he was six points ahead and one week later he lost by nine and the intervening thing there was the debate. carter's campaign characterized reagan has a bomb thrower who would destroy the world. they
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